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by ux-app 3206 days ago
wow, makes me realise how crazy expensive Australian prices are. Your price is .11 Euro/kWh (.16AUD). I'm paying .38AUD/kWh, almost 2.5 times more than you! Don't event get me started on gas prices. Last month my Gas+Electricity bill was $541.44. Insane.
2 comments
_Codemonkeyism 3206 days ago
I haven't seen .11 Eur/kWh in Germany :-) It's more like .25 Eur/kWh.
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richardknop 3206 days ago
That's insanely high! Here in Europe I'd say 1/3 of what you pay for energy would be considered within reason. Why is energy so damn expensive in Australia? Not just electricity but also gas. Gas is super cheap here.
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zizee 3206 days ago
I live in Aus, and i think I am pay 28c per kilowatt/hr. It wasn't long ago that we were paying 22c.

Power prices in Australia is becoming one of the bigger political talking points at the moment. There is a lot of finger pointing going on. The main culprits appear to be:

1. a poorly designed energy market where electricity suppliers can get paid more by turning down their capacity, increasing scarcity to lead to price spikes, at which they can sell their electricity for inflated prices 2. governments allowing exporting of too much of the countries natural gas supplies - the spike in natural gas prices has caused increased costs for natural gas power stations 3. the market not accommodating the intermittent nature of solar / wind properly 4. the desire to decommission coal stations (probably because coal is on the nose, but more likely that gas stations can fire up/down quicker in response to renewable volatility, and coal is too slow in this respect)

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ux-app 3206 days ago
>Why is energy so damn expensive in Australia?

24 million people spread across a really big continent[1] might play a role.

My state, South Australia, recently received the dubious honour of having the world's highest energy prices. Here's an article which has a go at explaining some reasons [2], apparently delivery infrastructure (poles + wires) is a major part of the cost.

That and there seems to be a lot of price gouging going on, not sure of the reasons for this. Maybe not enough competition?

[1] - http://www.huffingtonpost.com.au/2015/09/09/compare-australi... [2] - http://www.smh.com.au/business/sunday-explainer-why-is-elect...

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